132 W Main StManlyIA50456
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Manly at 132 W Main St, Manly, IA, 50456 priced at $108,616 converts $1,021/mo rent into $315/mo cash flow after a $532/mo obligation. Total monthly income equals $1,021/mo, and annual cash flow totals $3,783/yr on $36,006 invested. Return on cash invested prints 30.41% in year one, and rental yield reads 11.28% against a $108,616 entry. Equity gained on principal adds $701/yr, while 5% annual appreciation compiles into $30,009 by year five. Five-year ROI reaches 159.73% and total cumulative return in cash sums $57,513. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,021/mo property income covering a $532/mo payment, not borrower’s personal income.
Single Family
Built in 1950
8,118 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50456, Manly, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 774 (100%) |
| Owner Occupied HU | 517 (66.8%) |
| Renter Occupied HU | 149 (19.3%) |
| Vacant Housing Units | 108 (14.0%) |
| Median Home Value | $151,716 |
| Average Home Value | $219,526 |
Housing Distribution
Address Breakdown
Residential
458
Single Family
458
Multi-Family
0
Businesses
27
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